Former Laurentian Bank Securities rep sanctioned for executing unsuitable transactions to generated commissions and for forging a client’s signature on an application form
Provinces publish revised draft of Capital Markets Act
Bay Street lawyer passed on information to advisors
The adoption of these controls aims to help reduce short-term, unexplained price volatility and to address risks arising from electronic trading.
The regulator’s compliance exams found weak suitability controls and significant weakness in supervision
The SRO will retain its surplus to cushion the impact of a new accounting standard and anticipated capital expenditures
Paul Camillo DiNardo is serving time in prison for his role in a couple of alleged investment scams
The U.S. brokerage firm had several control and supervisory failures that led to several brief capital deficiencies in 2014
The decision comes after the Cadman brothers violated the terms of a previous regulatory settlement they entered into in 2008
The SRO’s notice states that conflicts represent a recurring challenge that can compromise the quality of services firms and advisors provide
Portfolio Capital, David Rogerson and Amy Hanna-Rogerson were banned permanently and sanctioned for various infractions
The guideline calls for firms to integrate operational risk management fully within their overall risk-management programs
Regulatory consulting firm to pay US$15M in settlement of Standard Chartered case
IOSCO, CPMI seek comments on consultative report
Bank gave valuable internships to unqualified relatives of officials at a Middle Eastern sovereign wealth fund
William Black plans to travel to the non-participating provinces to “assure them that the door’s always open”
Following a settlement earlier this year, Michelle Dunk has been charged with alleged breaches of the Securities Act in a separate case
The IFPAC advises OSC staff on product developments and innovations in the investment funds industry
New checklist will help mortgage brokers detect and prevent fraud when conducting a mortgage transaction
The proposed report is intended to reduce the compliance burden for issuers and underwriters
The new regime aims to ensure that senior managers can be held accountable for any misconduct that occurs on their watch
US$5.2 million will be distributed to clients, SEC says
Federal regulator offers feedback on banks’ ICAAP submissions
U.S. regulator levies record fine against alternative trading system
DWM Securities advisors sold exempt funds to hundreds of clients who didn’t qualify for a prospectus exemption